The Larry Kane Report

There are stories out there that are just floating by with no reaction so far.

One of them is a real puzzle. NASA has awarded an almost 4 billion dollar contract to launch another manned Moon mission by the year 2020. So you tell me: do we need another manned Moon program that will culminate about 50 years after the first one.

Don’t get me wrong, Space programs have been beneficial and exciting to the nation, but estimates are that this new program will eventually cost up to 18 billion dollars by the time it is finished.

We need to ask a lot of questions about the wisdom of a space program funded by a nation where up to 50 million people are without health insurance, where a budget deficit is threatening to bankrupt the future, and where Social Security will be bankrupt in maybe about 20 years.

Another story with major implications is the warning from the federal government about Internet drug purchases. This story did not get the attention it deserves. The Food and Drug Administration says that some medications ordered from Canada and other locations via the Internet are flawed and could be dangerous to your health.

This is a serious warning that will have customers wondering if the drugs they are purchasing are the real things. Imagine needing a drug for heart problems and ordering a bogus batch.

This is a dangerous situation. Pay close attention to the government’s warning.

Finally (for now), keep an eye on the continuing investigation of overcharges by the Halliburton Company in its contracts in Iraq. Government investigators have already uncovered at least a quarter of a billion dollars in over billing. Our sources say there will be more startling revelations in the months ahead.

Comments(1)